A-share pork stocks jumped; Shennong Group hit the daily limit while Muyuan, Wens, New Hope, New Wufeng and Juxing Agriculture & Animal Husbandry also rose. Media reported hog firms have set targets to cut planned new production capacity and have brought forward the timetable.

U.S. Secretary of State Rubio said the United States will not accept any claim that the Strait of Hormuz belongs to a single country.

People familiar with the matter say the White House plans to nominate FCC general counsel Adam Candeub to head the DOJ antitrust division. DOJ staff were notified this week and the nomination is expected to be announced shortly. Candeub met with Trump earlier this week. He served as a senior official in Trump’s first administration and co-authored sections of the Heritage Foundation’s Project 2025 report, which has informed several proposals in Trump’s second-term policy blueprint.